The company is currently conducting a strategic review to maximize shareholder value and is considering written interest from multiple third parties...
CoreLogic’s largest shareholders have raised doubts over the data vendor’s commitment to carrying out a full and fair sales process. The company is in talks with potential buyers at a value of at least $80 a share.
In the event the deal falls through, Genworth Financial said it is considering a debt offering and a 19.9% initial public offering of its U.S. mortgage insurance business.
n the first quarter, the top three HECM originators (American Advisors Group, Reverse Mortgage Funding and Finance of America Mortgage) accounted for $1.04 billion, or 26.8%, of total production…
Reverse mortgage lenders pumped out $3.87 billion in the first three months of 2020. But originations took a big step back in April due to COVID-19. (Includes two data charts.)
Moves by the Trump administration are disrupting the economy and the federal agencies that deal with the housing market. Bob Broeksmit, president and CEO of the MBA, isn’t sure how it’s all going to play out.
House Republicans called for the Department of Housing and Urban Development to roll back the FHA payment supplement program.
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